Smith & Nephew Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Revenue	5,810	5,549	5,215	5,212	4,560	Upgrade
Revenue Growth (YoY)	4.70%	6.40%	0.06%	14.30%	-11.25%	Upgrade
Cost of Revenue	1,731	1,654	1,515	1,514	1,381	Upgrade
Gross Profit	4,079	3,895	3,700	3,698	3,179	Upgrade
Selling, General & Admin	2,904	2,834	2,707	2,637	2,439	Upgrade
Research & Development	289	320	335	349	307	Upgrade
Operating Expenses	3,193	3,154	3,042	2,986	2,746	Upgrade
Operating Income	886	741	658	712	433	Upgrade
Interest Expense	-145	-132	-80	-80	-62	Upgrade
Interest & Investment Income	24	34	14	6	6	Upgrade
Earnings From Equity Investments	-10	-30	-141	9	14	Upgrade
Other Non Operating Income (Expenses)	-24	-6	-6	-6	-3	Upgrade
EBT Excluding Unusual Items	731	607	445	641	388	Upgrade
Merger & Restructuring Charges	-123	-220	-167	-113	-124	Upgrade
Gain (Loss) on Sale of Investments	-	-	-	75	-	Upgrade
Asset Writedown	-16	-37	-39	-2	-12	Upgrade
Legal Settlements	-	-	-	-8	-2	Upgrade
Other Unusual Items	-94	-60	-4	-7	-4	Upgrade
Pretax Income	498	290	235	586	246	Upgrade
Income Tax Expense	86	27	12	62	-202	Upgrade
Net Income	412	263	223	524	448	Upgrade
Net Income to Common	412	263	223	524	448	Upgrade
Net Income Growth	56.65%	17.94%	-57.44%	16.96%	-25.33%	Upgrade
Shares Outstanding (Basic)	873	871	872	877	875	Upgrade
Shares Outstanding (Diluted)	876	873	873	878	877	Upgrade
Shares Change (YoY)	0.34%	-	-0.57%	0.11%	-	Upgrade
EPS (Basic)	0.47	0.30	0.26	0.60	0.51	Upgrade
EPS (Diluted)	0.47	0.30	0.26	0.60	0.51	Upgrade
EPS Growth	56.15%	18.04%	-57.29%	16.60%	-25.15%	Upgrade
Free Cash Flow	606	181	110	469	492	Upgrade
Free Cash Flow Per Share	0.69	0.21	0.13	0.53	0.56	Upgrade
Dividend Per Share	0.375	0.375	0.375	0.375	0.375	Upgrade
Gross Margin	70.21%	70.19%	70.95%	70.95%	69.72%	Upgrade
Operating Margin	15.25%	13.35%	12.62%	13.66%	9.50%	Upgrade
Profit Margin	7.09%	4.74%	4.28%	10.05%	9.83%	Upgrade
Free Cash Flow Margin	10.43%	3.26%	2.11%	9.00%	10.79%	Upgrade
EBITDA	1,335	1,176	1,150	1,219	927	Upgrade
EBITDA Margin	22.98%	21.19%	22.05%	23.39%	20.33%	Upgrade
D&A For EBITDA	449	435	492	507	494	Upgrade
EBIT	886	741	658	712	433	Upgrade
EBIT Margin	15.25%	13.35%	12.62%	13.66%	9.50%	Upgrade
Effective Tax Rate	17.27%	9.31%	5.11%	10.58%	-	Upgrade
Advertising Expenses	84	88	92	81	66	Upgrade

Updated Mar 10, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q